Alaska § 28.20.200 - Disposition of security.
Full text of Alaska Alaska Statutes § 28.20.200 — Disposition of security., with citation guidance and answers to common questions.
§ 28.20.200. Disposition of security.
(a) The security deposited is available only for (1) the payment of a settlement agreement covering a claim arising out of the accident upon instruction of the person who made the deposit, or
(2) the payment of a judgment given against the person required to make the deposit for damages arising out of the accident in an action at law begun not later than one year after the deposit of security, or within one year after the date of deposit of security following failure to make payments under an agreement to pay.
(b) Every distribution of funds from a security deposit is subject to the limits of the department's evaluation on behalf of a claimant.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 28.20.200
What does Alaska Statutes § 28.20.200 cover?
Section 28.20.200 ("Disposition of security.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 28.20.200?
A common citation format is "Alaska Statutes § 28.20.200" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 28.20.200 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.